Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 191.68

-3.3%

Feb 5 3:59 PM EST

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To: Harrison Hickman who wrote (8041)	9/29/1997 9:36:00 PM
From: Henry Niman	of 32384

Harrison, Thanks for the update. WSJ.com was having problems today, so I had no idea (other than the price pop around 1:20) when the article I uploaded came out. It would be nice if an article tying up all of the recent news came out, but I don't expect one until after the diabetes deal is announced. Today's news was a bit of a surprise and wasn't even on my list of news. I'm a bit surprised that the move wasn't a stronger, but MMs dropped the price on no volume after the Dow Jones buyers moved the price to 16 7/8, so today's action wasn't all that unexpected. Volume move back above 400,000 which is another good sign and the big boys are running out of time, which is another good sign.

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